Cable One Acquisitions Continue with Planned Hargray Purchase Posted on Share Home » Cable One Acquisitions Continue with Planned Hargray Purchase Cable One has entered into a definitive agreement to purchase the 85% of Hargray Acquisition Holdings that it doesn’t already own. The deal, which implies a $2.2 billion total enterprise value for Hargray, is expected to close in the second quarter. Hargray can trace its roots back to 1947 when it began providing telephone service in Hardeeville, S.C., which is in the Hilton Head Island-Bluffton, Beaufort metropolitan statistical area. The company has grown considerably since then, in part through acquisitions, and now offers gigabit-capable services to approximately 99% of its customers in 14 markets in Alabama, Florida, Georgia and South Carolina.